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570292 (Harmonized System 1992 for 6-digit)

2023
World Trade $467MRnk 2923 / 4644
2023
Top Exporter | Top Importer $170M | $124MChina | United States
2023
Product Complexity -0.56Rnk 3315 / 4656
2022 - 2023
Export Growth (CAGR) -20.8%Rnk 3744 / 4644
2023
Share of World Trade 0.0021%Rnk 2923 / 4644

About

Overview This page contains the latest trade data of Carpets of manmade yarn, woven, made up, nes. In 2023, Carpets of manmade yarn, woven, made up, nes were the world's 2923rd most traded product, with a total trade of $467M. Between 2022 and 2023 the exports of Carpets of manmade yarn, woven, made up, nes decreased by -20.8%, from $590M to $467M. Trade in Carpets of manmade yarn, woven, made up, nes represent 0.0021% of total world trade.

Carpets of manmade yarn, woven, made up, nes are a part of Hand-Woven Rugs.

Exports In 2023 the top exporters of Carpets of manmade yarn, woven, made up, nes  were China ($170M), India ($93.7M), Turkey ($71.2M), Egypt ($40.8M), and Belgium ($23.8M).

Imports In 2023 the top importers of Carpets of manmade yarn, woven, made up, nes were United States ($124M), Japan ($34M), Germany ($30.3M), Iraq ($24.9M), and France ($20.4M).

Ranking Carpets of manmade yarn, woven, made up, nes ranks 3315th in the Product Complexity Index (PCI).

Description Carpets of manmade yarn are often woven and made up to cover floors, soften hard surfaces, and add warmth.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carpets of manmade yarn, woven, made up, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$170M
Top Destination (2023)United States$124M

In 2023 Carpets of manmade yarn, woven, made up, nes were the world's 2923rd most traded product (out of 4,644).

In 2023, the top exporters of Carpets of manmade yarn, woven, made up, nes were China ($170M), India ($93.7M), Turkey ($71.2M), Egypt ($40.8M), and Belgium ($23.8M).

In 2023, the top importers of Carpets of manmade yarn, woven, made up, nes were United States ($124M), Japan ($34M), Germany ($30.3M), Iraq ($24.9M), and France ($20.4M).

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Exporters of Carpets of manmade yarn, woven, made up, nes (2023)
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Importers of Carpets of manmade yarn, woven, made up, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$28M
Top Destination Growth (2022 -  2023)Saudi Arabia$10M

Between 2022 and 2023, the exports of Carpets of manmade yarn, woven, made up, nes grew the fastest in China ($28M), Turkey ($11.5M), Egypt ($10.6M), Poland ($2.55M), and Algeria ($1.47M).

Between 2022 and 2023, the fastest growing importers of Carpets of manmade yarn, woven, made up, nes were Saudi Arabia ($10M), Algeria ($4.08M), South Korea ($3.96M), Libya ($3.48M), and Thailand ($2.68M).

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Exporters of Carpets of manmade yarn, woven, made up, nes (2022 - 2023)

Importers of Carpets of manmade yarn, woven, made up, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carpets of manmade yarn, woven, made up, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Carpets of manmade yarn, woven, made up, nes are explained by 8 countries.

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Value of Exports in Carpets of manmade yarn, woven, made up, nes

Net Trade

TOP NET EXPORTER (2023)China$169M
TOP NET IMPORTER (2023)United States$121M

This map shows which countries export or import more of Carpets of manmade yarn, woven, made up, nes. Each country is colored based on the difference in exports and imports of Carpets of manmade yarn, woven, made up, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carpets of manmade yarn, woven, made up, nes were China ($169M), India ($92.9M), Turkey ($70.1M), Egypt ($40.3M), and Belgium ($20.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Carpets of manmade yarn, woven, made up, nes were United States ($121M), Japan ($33.8M), Iraq ($24.9M), Germany ($19.8M), and France ($16.7M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Carpets of manmade yarn, woven, made up, nes.
It is possible to select the main countries that export or import Carpets of manmade yarn, woven, made up, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carpets of manmade yarn, woven, made up, nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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